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Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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January 2020 | Ferro-alloys


Market awaits pick-up in Chinese activity: Ferro-chrome Highlights


This year, Chinese New Year falls toward the end of this month and as such, China’s stainless steel mills have been in no urgent need of raw materials.

Global chrome markets continue to await a price reversal as 2020 begins, with the backdrop of price weakness persisting in most markets during the first few weeks of this new decade. Many stainless steel mills do not return to standard production shifts until early January following the Christmas and New Year holidays. Meanwhile, the Chinese New Year often falls during late January/early February, reducing activity and thus demand for raw materials.

This year, Chinese New Year falls toward the end of this month and as such, China’s stainless steel mills have been in no urgent...

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